-
IEA Slaps OPEC in the Face with 5-Year Oil Forecast
The IEA has forecast that growth in non-OPEC supply--the US. Canada, Brazil and Norway--will be enough to cover the growth in global oil demand. If...- Marina Schwarz Replied
- 6 replies
- 3,486 views
-
Indonesia Scrapping Burdensome Regulations to woo Foreign players
Indonesia scrapping 186 regulations in order to woo foreign investors to its energy industry. How successful will this be? And assuming they will be...- Rodent Replied
- 2 replies
- 1,725 views
-
Will Oil price continues to go up in 2018?
The continuous rising oil price is making it difficult to actually plan- Yinka Akinbowale-Ogunnowo Replied
- 1 reply
- 1,622 views
-
Global Oil Sector Needs $20 Trillion Investments Over 25 years: Saudi Aramco CEO
Amin Nasser, Saudi Aramco Chief Executive Officer, says the global oil and gas industry needs to invest more than $20 trillion over the next...- damirUSBiH Replied
- 3 replies
- 1,543 views
-
U.S. To Overtake Russia As Top Oil Producer By 2019 At Latest
According by EIA U.S. will overtake Russia as the world’s biggest oil producer by 2019 at the late. U.S. oil is also increasingly being...- damirUSBiH Replied
- 14 replies
- 5,196 views
-
Activists Claim South Sudan Using Oil Rev to fund War
George Clooney’s NGO Accuses South Sudan of Using Oil Wealth for War Crimes. Does anybody know anything about his NGO? Does anybody care about...- Rodent Replied
- 1 reply
- 1,416 views
-
Pollution protesters shut down Libya oil field
It's not just militia factions vying for power who are meddling with Libyan oil production. The latest shutdown was Sunday at the giant El...- Carlsbad Replied
- 3 replies
- 3,075 views
-
Exxon Getting Ready to Explore in Cyprus
US navy increased its Mediterranean fleet, in anticipation of Exxon sending its survey vessels there in a couple weeks. Makes sense, since Turkish Navy...- Rodent Replied
- 1 reply
- 1,537 views
-
Japan buying oil tanker in response to China's presence
WIll be used for fuel for warships, as China has recently upped its military presence in the east china sea. https://www.express.co.uk/news/world/927449/japan-first-oil-tanker-combat-chinese-influence-south-china-sea- Rodent Replied
- 0 replies
- 1,109 views
-
Trial against Eni, Shell Begins
The trial against Shell and Eni, along with several executives from the two supermajors has started. They are accused of bribery in a Nigeria...- Marina Schwarz Replied
- 1 reply
- 2,535 views
-
Oil Workers Win Millions
Could Canada's dire oil position get any more dire? Yes, indeedy. Thirty-one Canadian oil refinery workers just won $60 million in the lottery and...- Rodent Replied
- 3 replies
- 1,587 views
-
China Adds Brunei To New Silk Road - Oil, Influence And “Belt and Road” Initiative
China has a big plans with Brunei. Brunei’s oil and gas reserves are expected to run out within two decades. When completed, the first...- damirUSBiH Replied
- 5 replies
- 3,491 views
-
Climate Change Report Slamming Exxon Debunked?
Professor slams last year's study that concluded Exxon knew about effects of oil industry on environment and did nothing. Reasons cited include bias, lack...- Rodent Replied
- 0 replies
- 1,069 views
-
Oil Major Total expands in Libya, Buys Marathon's Waha Stake For $450 Million
French energy company Total substantially raised its presence in Libya with the purchase of a 16.33 percent stake in Libya’s Waha concessions from U.S....- Petar Replied
- 2 replies
- 1,811 views
-
Exxon to end Russia joint ventures
Oil exploration project between Exxon Mobil and a Russian government-owned oil company Rosneft will be abandoned by Exxon after United States government sanctions prevented the venture...- Stephen Replied
- 5 replies
- 2,701 views
-
First Nations Eye Bigger Stakes in Oil
First Nations in Alberta are vying for higher stakes in the local oil and gas industry by buying interests in oil wells and--the horror--in...- Marina Schwarz Replied
- 1 reply
- 1,473 views
-
Chevron Boasts Resilience to Climate Change Effects
Chevron says its business won't suffer from climate change measures at least until 2040. The company cites the IEA's three scenarios on the possible...- Marina Schwarz Replied
- 0 replies
- 1,156 views
-
War on Plastics Rages On
Now a whole aisle in a grocery store in Amsterdam is plastic-free. Trend or fad? https://www.cnbc.com/2018/02/28/war-on-waste-plastic-free-shopping-aisle-opens-in-amsterdam-supermarket.html- Rodent Replied
- 3 replies
- 1,869 views
-
US Gasoline Demand Down in 2017
American gasoline consumption fell for the first time in five years in 2017 (by .0006%). Bloomberg "blaming" it on illegal immigrants who stopped driving...- Rodent Replied
- 1 reply
- 1,586 views
-
Plan To Truck oil from Iraq's Kirkuk to Iran Delayed By Security Concerns
Iraq and Iran have agreed to swap up to 60,000 barrels per day of crude produced from Kirkuk for Iranian oil to be delivered...- damirUSBiH Replied
- 3 replies
- 1,829 views
-
OPEC hits 149% compliance!
WOWZERS. OPEC hits 149% compliance on the back of Libya and Venezuela, and the most from the UAE. WTI and Brent still down massively...- Rodent Replied
- 3 replies
- 1,642 views
-
California City Sues Its Biggest Taxpayer, Chevron
Chevron is the biggest taxpayer and employer in Richmond, California. The city is suing it (again) on allegations that it is destroying its future...- Marina Schwarz Replied
- 5 replies
- 3,134 views
-
South Sudan threatens to shut down oil production
Meet South Sudan's latest problem (as if they needed a new one). "South Sudanese lawmakers have accused the consortium running the country’s last working...- Rodent Replied
- 0 replies
- 1,321 views
-
US Sanctions on Russia Squeeze out Exxon
Exxon is going to quit its Russian JVs after sanctions freeze by US.- Rodent Replied
- 0 replies
- 1,254 views
-
US oil drillers to get another boost from decreased royalty rates
"A U.S. Department of the Interior committee voted on Wednesday to recommend to Secretary Ryan Zinke that the agency lower royalty rates for federal...- Addy Replied
- 0 replies
- 1,294 views
-
- Rodent Replied
- 5 replies
- 2,447 views
-
South Korea Nixing Coal
South Korea said it will shutter 5 coal plants in Q2 2018 in an effort to reduce smog and such. But what I don't...- Rodent Replied
- 0 replies
- 1,432 views
-
Russia, Angola Biggest Suppliers of Oil to China in January
Trying to get a handle on gains and losses in oil market share to China ... See numbers for Jan show Russia and Angola...- LAOIL Replied
- 2 replies
- 1,713 views
-
Does OPEC have an exit plan from production cut?
Saudi oil minister Khalid al-Falih said that he hopes that OPEC can relax the production limits next year, while putting in place a more...- Harsh vardhan singh Replied
- 2 replies
- 1,856 views
-
How High Will Oil Go If Shale Boomers Stop Ramping Up?
Just a random thought in light of record-high production in the U.S. and record-high net longs on oil. If traders start selling, WTI could...- Marina Schwarz Replied
- 3 replies
- 1,751 views